UCITS
Alternatives | 26 May 16
Ucits fund sales fall sharply in Q1, Efama data shows
Rock-bottom interest rates and plummeting consumer confidence saw a big drop in net sales of Ucits funds in the first quarter of the year, according to the latest figures published by the European Fund and Asset Management Association (Efama).
Nikko AM launches new Japan equity Ucits fund
Nikko Asset Management has launched a Luxembourg-domiciled Japan Focus Equity Ucits fund, with further Ucits funds planned for later this year.
European closet tracker investigation ‘flawed’
The European Securities and Markets Authority’s (Esma) investigation into funds marketing themselves as active but in reality are passive, or ‘closet trackers’, underestimates the extent of the problem, according to UK investment boutique SCM Direct.
Commodities | 9 May 16
WisdomTree launches commodity Ucits ETF on London exchange
ETF and ETP sponsor WisdomTree launched its first broad-based Enhanced Commodity Ucits ETF on the London Stock Exchange on Monday.
Investment | 6 May 16
Brexit: Ucits restructuring just one of the big unknowns
Ucits products may need to be “radically restructured” should the UK vote for Brexit, law firm Hogan Lovells has said.